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South Korea’s Daewoo Bus to assemble in Myanmar

YANGON — South Korea’s Zyle Daewoo Commercial Vehicle will build buses in Myanmar, a country where most vehicles on the roads are pre-owned and imported, through a joint venture with a local company. Zyle Daewoo, also known as Daewoo Bus, owns 25% of the $5 million venture while Myanmar Trade Center controls 75%. The venture is expected to start operations … Continue reading

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